80 cent 'typo' almost cost man home
Didn't think you could lose your home over a mere 80 cents? Think again.
A simple typo -- accidentally entering "615.02" instead of "615.82" when paying off his mortgage via telephone -- almost cost Tom Mudie his home.
Granted, Mudie was paying off his second trial-mortgage payment after being approved for a mortgage modification program, The Tampa Tribune reports. As part of the program, Bank of America had lowered Mudie's monthly payment by nearly $200 and to protect his home from foreclosure, all Mudie had to do was make the new payments on time for three months.
But one simple error -- pressing "0" on a keypad instead of an "8," which amounted to an 80 cent error -- caused him to unknowingly violate his modification contract and consequently get booted from the program.
Source: RealEstate.AOL.com